The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance ...
President Donald Trump cited BlackRock’s Tuesday deal to acquire Panama Canal ports as part of his administration’s broader effort to “reclaim” the crucial waterway.
The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade ...
The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
A Hong Kong-based conglomerate agreed to sell its stake in a subsidiary that operates ports along the Panama Canal to a United States-based firm as the Trump administration ramps up pressure to ...
The United States built the canal in the early 1900s as it looked for ways to facilitate the transit of commercial and ...
The U.S. built the canal in the early 1900s as it looked for ways to facilitate the transit of commercial and military vessels between its coasts. Washington relinquished control of the waterway ...
China and Panama deny the claim. A U.S.-Panama treaty signed in 1977 requires the Panama Canal to remain neutral after Washington handed over the American-built shipping lane to Panama in 1999.